Key facts
- Truist reiterated its "Buy" rating on Amazon.com (AMZN).
- Truist raised its price target on Amazon.com (AMZN) to $320.
Truist has reiterated its "Buy" rating on Amazon.com (AMZN). Additionally, the firm has raised its price target for the e-commerce and cloud computing giant to $320. This action signals Truist's continued positive sentiment and confidence in Amazon's stock performance.